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March 28, 2019

March DetermiNews: A Review of the Month in Source-to-Pay and Contract Management

March DetermiNews: A Review of the Month in Source-to-Pay and Contract Management

Understandably, many people get caught up in all the madness that comes in March. We hope your brackets didn’t get too busted up. But whether your focus was on basketball or on driving your business success, you may have missed a few of our blogs and resources this month. DetermiNews is here to make it easy for you to get up to speed.

The Procurement Maturity Curve: A Four Stage Hierarchy of Value

Procurement maturity bookended the month, with a summary of Kelly Barner’s blog series and the subsequent ebook launch. It is an important topic that we are going to keep on exploring at all levels in the months ahead. As “agility” and “digital transformation” continue to be high-level topics in our industry, we also want to focus on more day-to-day things that procurement and all business functions can do to improve processes. Doesn’t always have to be about shooting for pie-in-the-sky major transitions, at least not all at once.

Improvement is also about making good “little decisions” – something everyone can get their heads around. Julien Nadaud, Determine’s Chief Product Officer got into that a bit in his two-part series about supplier influence. The topic of iterative changes also came up in our demo webinar, 5 Ways a Source-to-Pay Platform Helps Create More Value for Your Organization. Importantly, continuous clear communication and collaboration are critical at every level. Open the channels, open the possibilities. In other words, don’t hog the ball.

Levvel Research - 2018 Procurement Insight Report - 570x130

March DetermiNews looks at the month gone by:


 

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Efficiency Expert

An S2P platform approach has real value. Watch Now >>

Blog - Procurement maturity curve summary

Value Creation

No function is an island; collaborate. Read On >>

Determine OutLoud Podcast 014 Procurement Maturity eBook

Pleasant Surprises

Procurement is delivering more than ever. Listen In >>

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Vision Quest

Give suppliers more visibility to add value. Read On >>

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Competitive Advantage

Suppliers are on your side, if you let them. Read On >>

The Procurement Maturity Curve: A Four Stage Hierarchy of Value

Making Progress

Savings is just the beginning for procurement. Download Yours >>

Ardent Partners 2019 ePayables Technology Advisor: Determine

Situational Awareness

Navigating the ePayables technology landscape. Download Yours >>

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Siloed Thinking?

Three ways silos hurt your business. Read On >>

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